Where there's smoke, there's fire. POGO's Morning Smoke is a collection of the previous day's investigations, scoops, and opinions related to the world of government oversight. Have a story you'd like to see included? Contact POGO's blog editor.
Obama's New Chief of Staff Sought to Loosen Post-Enron Corporate Reforms by Michael Hudson [Center for Public Integrity]
Another Indictment in a Leak Case by Steven Aftergood [Secrecy News]
Does Lockheed Martin fulfill Eisenhower's prophecy? by Jen DiMascio [Politico]
Energy groups abound on Issa's Obama reg list by Andrew Restuccia [The Hill]
Bill Daley's Seediest Exploit by James Downie [The New Republic]
Budget Battles: Did Gates "Cut" Defense Cash? by Spencer Ackerman [Danger Room]
19 Steps To A More Transparent FDA? by Ed Silverman [Pharmalot]
Why U.S. inside traders escape harsh sentences by Andrew Longstreth [Reuters]
Snowed in at the SEC... by Michelle Leder [Footnoted.com]
FDA Launches Website To Address Company Questions [Associated Press]
Lockheed has one line of business, selling to the US government. Their CEO puts $34 million a year of your tax dollars into his bank account. The President of the US only gets $400,000/year. The Lockheed CEO makes almost 9 times more than the president, and makes in one day more than most American taxpayers make in a year. He siphons all of this money out of the US tax coffers, and yet his company does not have a single program that's on schedule or on budget. We would be better off to socialize our weapons builders. At least then we wouldn't have to pay the astronimical salaries of these so called private industry executives. No one who works for the government could command a $34 million/year salary, nor could they do any worse of a job for the US taxpayer who pays their salary.
Lockheed runs our government. They have people inserted in every part of our government. They provide spies, mercinaries, accountants, pilots, procurement officials, scientists, engineers, janitors, you name the position, they provide the help. The problem is, these people work for the US government, but they get their paycheck and their raise from Lockheed. So if they have some dirt on a politician, where is this information going to do them the most good financially? That's right, they pass it on to Lockheed. Lockheed snaps it's fingers and everyone in Washington jumps. But don't worry, I'm sure it's a situation that will fix itself.
Posted by: Dfens | Jan 09, 2011 at 12:49 PM